News list for " bank"

Standard Chartered Predicts Bitcoin Will Rise to $500,000 During Trump's Term

On February 5th, according to Decrypt, Standard Chartered (Standard Chartered) predicts that Bitcoin will rise to $500,000 during Trump's term, which is close to half of the market value of gold. BTC is expected to reach $200,000 in 2025, rise to $300,000 in 2026, break through $400,000 in 2027, and hit $500,000 in 2028, with a total market value of $10.50 trillion. The main drivers include bitcoin spot ETFs attracting $39 billion inflows, improving regulatory environments in the United States, ...

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2025-02-05 21:44:55
The European Central Bank forecasts that wage growth will slow sharply this year, and further interest rate cuts are expected

The European Central Bank's main measure of future wage growth in the eurozone continues to show a sharp slowdown in salary growth in 2025, lending support to hopes of a further pullback in inflation that would allow for further interest rate cuts. The European Central Bank's wage tracker, released on Wednesday, forecasts that eurozone wages will grow by 1.5% a year through the fourth quarter of 2025. While that is up from the 1.4% forecast in December, it is also well below the 5.3% peak record...

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2025-02-05 18:33:08
Citi: The long-term correlation between the crypto market and the stock market will weaken

On February 5th, according to CoinDesk, Wall Street bank Citi said in its latest research report that the correlation between bitcoin and the stock market is expected to weaken in the long term as the adoption of digital assets grows. Citi pointed out that while the stock market remains the main macro driver of the crypto market, with the maturation of the crypto asset market, the expansion of the investor base, technological advancements and increased adoption, the stock market and crypto asset...

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2025-02-05 17:23:08
List of major banks/brand gold bar prices

On February 5, 2025 (Wednesday), the prices of major banks/brands of gold bars rose across the board, with China Merchants Bank, Industrial and Commercial Bank of China, and Bank of Communications leading the way in gold bar prices. China Merchants Bank saw the largest increase, up 28.34 yuan/gram from yesterday.

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2025-02-05 11:18:02
Bank of Japan official: If potential inflation accelerates towards the 2% inflation target, the Bank of Japan will continue to raise interest rates.

Bank of Japan official: If potential inflation accelerates towards the 2% inflation target, the Bank of Japan will continue to raise interest rates.

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2025-02-05 11:51:19
Federal Reserve Governor Jefferson: There is no need to rush to cut interest rates further. The strong economy makes it appropriate to respond cautiously.

Federal Reserve Governor Jefferson: There is no need to rush to cut interest rates further. The strong economy makes it appropriate to respond cautiously.

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2025-02-05 08:30:23
Bank of Japan Governor Kazuo Ueda: The Bank of Japan's goal is to achieve a sustainable 2% inflation level, as measured by the overall CPI.

Bank of Japan Governor Kazuo Ueda: The Bank of Japan's goal is to achieve a sustainable 2% inflation level, as measured by the overall CPI.

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2025-02-04 10:50:02
Bank of Canada Governor Michael McCollum has cancelled a speech scheduled for February 6 at a bank conference in Mexico.

Bank of Canada Governor Michael McCollum has cancelled a speech scheduled for February 6 at a bank conference in Mexico.

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2025-02-03 23:20:51
ECB Governing Council Villeroy: We may cut interest rates further

European Central Bank Governing Council member Villeroy said that we may further cut interest rates. (Golden Ten)

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2025-02-03 16:09:09
UK interest rate futures show the Bank of England is expected to cut interest rates by about 80 basis points by the end of 2025

The Bank of England is expected to cut interest rates by about 80 basis points by the end of 2025, compared with about 75 basis points expected on Friday, UK interest rate futures show.

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2025-02-03 16:09:09
Agencies: The UK economy is stagnating, and the Bank of England is expected to cut interest rates again

The Bank of England is expected to cut interest rates by another 25 basis points this week, as policymakers weigh signs of a weakening British economy against the prospect of a short-term pick-up in inflation. Financial marekt has been betting that the Bank of England's monetary policy committee will cut the official interest rate to 4.5% on Thursday, the third cut in borrowing costs in more than half a year. But with inflation likely to pick up again in the UK and US President Donald Trump's ta...

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2025-02-03 15:00:08
Binance platform USDT street price rose to 7.7 yuan in a short time, USDT premium rate temporarily reported 3.71%

According to Binance market data, the USDT street price rose to 7.7 yuan for a short time, and is now at 7.52 yuan. The current exchange rate of the US dollar against the RMB is 7.2507 yuan, and the USDT premium rate is 3.71%.

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2025-02-03 10:39:15
Bank of America Securities: DeepSeek's new model has a positive impact on software, cloud, and cutting-edge AI

Bank of America Securities said the new DeepSeek model has a positive impact on software, cloud computing, and cutting-edge AI.

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2025-02-03 10:11:50
OpenAI and SoftBank to join forces to build artificial intelligence infrastructure in Japan

OpenAI and SoftBank Group will seek to build Japan's artificial intelligence infrastructure, including data centers and power plants. The two companies will host a gathering of more than 500 Japanese companies in Tokyo on Monday to find industry applications in which they are involved in generating artificial intelligence. OpenAI CEO Sam Altman and SoftBank Group CEO Masayoshi Son are expected to make an announcement Monday night after meeting with Japanese Prime Minister Shigeru Ishiba.

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2025-02-03 08:00:48
UBS has tested its UBS Key4 Gold product on the Layer-2 network ZKSync

Swiss banking giant UBS, which manages $5.70 trillion in assets, has tested its UBS Key4 Gold offering on Ethereum's Layer-2 network ZKSync to explore scaling and privacy solutions.

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2025-02-01 05:08:24